do not target u.s. forces. the u.s. has made clear that they didn't know about this damascus strike beforehand. they weren't involved in it. they are a message to iran is, don't get us pulled into this. don't get us involved. so that is very much the message the president has been delivering. it's unclear what this relationship like with netanyahu is going to be going forward and trying to understand what the israeli response is going to be. remember, not too long ago, president biden issued his strongest criticism of netanyahu yet and said, if you don't do more, if you don't do enough to protect civilians in gaza, then we could change our policy towards israel. that could mean withholding u.s. aid. if israel doesn't do enough. and officials tell me that what the president has laid out in terms of getting more humanitarian aid in opening those border crossings, officials tell me that is really the president's baseline. and if even that doesn't get accomplished, well, then we've got a problem here. >> selena wang for us

but compared to that, the events from the u.s. to japan i would like to encourage u.s. business companies to give more in japan. investment in japan is for market opportunities for technology corporations. unlike the investment in the developing countries, is not a orientation of stealing the jobs from the u.s. i think in light of those as well i would write. thatav is what i have to say so thank you very much for your attention. [applause] >> thank you for your wonderful comments. i apologize i think in the excitement toap kick off the pal i forgot to introduce myself. i'm the chair follow here at the hudson institute and i'm pleased tose introduce the next speaker speaker ofthe general directorae automobile manufacturers association usa. before taking up her position in mayy of 2022, she worked on the u.s. for nearly 20 years in the government and regulatory affairs and was most recently the manager of government affairs with government industry relations department before taking up her position. she has an ma from george mason and georgetown so she's always been in d

the u.s. or geopolitical risks could really dent traders risk appetite ahead of the earnings season. that is the state of play for japanese equities, tracking the yen, 152 is the line for intervention but when we reach that point depends on the u.s. inflation print. stickier or hotter than expected. as we said, korea is shut, but australia is just starting to trade. haidi: staggered start to trading, 1/10 of 1% upside. watching big miners as we see commodities getting that lift. iron ore as well, that supportive rally headed for the biggest two-day rally in more than two years. brighter consumption outlook boosting commodities sector. aussie dollar is trading steady ahead of the u.s. cpi print in focus. we have more moves when it comes to trading around the kiwi ahead of the rbn said decision. not expecting much, but indicators suggest there could be hope in the markets that we see a pivoted. the aussie kiwi pair, number of -- numura is not confident that they will meet the dovish pricing that

the u.s.lomat tells the bbc he warned chinese president xi jinping about his country support for russia. >> for china, if it want better relations, not only with us, it cannot do that while at the same time helping fuel the biggest threat to european security since the end of the cold war. >> the first week of testimony in donald trump's criminal trial wraps up. his former assistant takes to the stand. as we take a look at abortion rights in america the supreme court reviews idaho's near total abortion ban. i am helen of humphrey -- helena humphrey. u.s. sec. of state antony blinken met with the chinese president xi jinping in beijing friday as part of mr. blinken's second visit to china in 10 months amid a significant increase in dialogue between the two powers after recent tensions . the u.s. top diplomat says it there is progress in some areas, praising beijing for efforts to stop the supply of fentanyl reaching the u.s.. the two sides addressed areas where significant differences remained

about half of that of the u.s. china by the way accounts for 7%. for the u.s. japan is the largest country for investments. since 2019. as the scale of investment of japanese countries to the u.s. economy is significant. for example japanese manufacturers in the u.s. create more than 538,000 jobs. first among all countries investing in the u.s. also japanese companies in the u.s. more than 4% of all u.s. exports ranking first by country. now them over the comments from governor holcomb earlier. this should give you an idea of how much japanese companies contribute to the u.s. economy. looking at the breakdown by industry japanese investment in the u.s. by industry as you know the manufacturing sector dominates accounting for about 45%. among these accounting for about 15%. transportation equipment just under 10% is the second largest in the manufacturing sector. outside of manufacturing trade and finance follow. within the sector investments in the pharmaceuticals and that medicines is expected to be significant. with acquisition in 2019. boosted the balance of

as part of his official visit to the u.s. and japanese prime minister talked about cooperation between u.s. and japan on emerging technology at an event hosted by the u.s. chamber of commerce. he also highlights economic relationship between the two countries clean energy policy. the japanese prime minister remarks run just under 15 minutes. [background noises] >> good afternoon everyone. my name is suzanne clark i have the privilege of serving the present ceo at the u.s. chamber of commerce. on behalf of the american business community it is my honor to welcome prime minister kishida and his esteemed delegation to washington. i also want to welcome ambassador shigeo yamada and ambassador immanuel. let me recognize quickly a few other champions in the room for a vibrant business climate in a very strong bilateral partnership between our two countries. one is it doug peterson who serves as a chair of the u.s./japan business council president and ceo of s to be global. david is the vice chair of the business council and ceo of

i think the u.s.ms of saying that such is the commitment to the philippines in terms of mutual defense treaty. it's ironclad that any attack on the philippines would invoke that treaty precisely. for the philippines, as we've heard from marcos during our interview last march, that the philippines is trying not to poke the bear really. it's trying to be as calm as it can in terms of what it needs to do. it needs to resupply a military outpost that's been there for over a quarter century. hopefully asserting its claims, within its exclusive zone. obviously it's hoping that china would not propose those efforts. haslinda: we know that marcos is in d.c. for the second time in less than a year. suggesting deepening relationships between the philippines as well as the u.s. what kind of cooperation can we expect beyond defense? manolo: actually, what they've been doing -- outside of the defense ties, what they've been doing, the u.s. has supporting -- been supporting efforts to boost infrastructure. right no

the u.s. and japan unveil plans for deeper security ties as president biden hosts a state dinner for the prime minister of japan. let's start off with the markets. there's plenty going on. let's start with the data of the day. this is the number that moved everything. uscp i rising 4/10 of 1%, topping estimates for third month in a row. as for the june rate cut, the consensus seems to be, forget that. goleman says it sees to down. never mind. there's a presidential election then. let's wait and see what happens there. larry summers thinks the next move of the fed could be to tighten. all bets are off. we had the reverse situation in china as well. cpi for the month of march, 1/10 of 1%. ppi contracting for 18 months and around now. take a look at that board. the reaction is profound really with the big movements and yields. yields rising in some cases. the u.s. two-year knocking on the door of 5% right now. japan 10 year at its highest since november. big move and exit -- fx at well -- as well

the u.s.d the world. it seemed to be a lightning rod, highlighting issues of race, celebrity and media. what made it become that? steve: he was such a celebrity. we rarely have celebrities of his level being charged with murder, so that by itself made a big case. then, you had the racial aspect. he was black, the victim was white. los angeles had just gone through the very racially dividing rodney king trial. that was part of this as well. there were so many different aspects. he was wealthy. he was not a poor black man. he had a team that was nicknamed the dream team. all these different aspects, i think, led to a remarkable trial that people are still debating all these years later. you have people not necessarily everyday, but people talking about did o.j. simpson do it and people are still divided all these years later. sumi: that appears to be the case. as we talk about his legal battle, it also seemed to overshadow his incredibly successful football career. tell us more about that. steve

the u.s. inflation print. wait for that to washout if you will, before if they need to do significant intervention. let's take you to the market open. we are expecting a solid set up. japanese equities just extending those gains about .4% higher for the nikkei 225 and the topix. watching a lot of the commodities and energy names. this is oil, iron ore and a number of other commodities continue to clock in those gains. dollar-yen hovering just under that 152 level. it has been pretty stable for the past few sessions and maybe even sideways trading as we get to the u.s. inflation trip -- print which could potentially worsen the gap between the fed and the boj pete we are seeing more conviction perhaps when it comes to timing around when the boj could be moving. this as governor ueda kicks off his first anniversary under his belt at the home of the bank of japan, having dismantled this huge stimulus experiment. the question is what is next. the 10 year is also looking to see some reaction from wh

u.s. shell entities, i'm sorry to say. in 2021, treasury secretary yellen's head, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states.". yes, the u.s. has allowed cartels, terrorist groups, rogue states, chinese money- laundering organizations to use phony u.s. shell corporations and their illicit schemes. these shell companies may exist only on paper, but they enable deadly threats to americans lives and security. nearly 108,000 americans died of overdose in 2022, according to the cdc. 436 were rhode islanders. the death of those 436 people ripples across my small state in a tide of heartbreak. fentanyl and other synthetic opioids are behind many of these deaths. fentanyl's death toll was the direct result of shell corporations. shell corporations that hide the delivery of precursor chemicals and shell corporations that hide the profits from sales. what doj indictment last year design a network of shell companies in wyoming to lau

u.s. officials say their intelligence over the last half hour, hundreds of iranian drones headed in the direction of israel, cruise missiles as well as ballistic missiles. we are waiting to see if in fact those drones make their way through the a multiple layers of anticipated intercepts that are going to take place over the next several hours. as i mentioned, we are coming on the air with the breaking coverage of iran's retaliatory strikes against israel. this comes after the israeli military confirmed more than 100 drone strikes were launched by iran today, marking the first time iran has launched a direct military attack on israet . obviously, risking a regional conflict that could draw the united states and its military forces into direct confrontation with iran and its proxies across the region. a senior by an administration official is warning iran could launch dozens ofansss cruise missiles, not just adding that the u.s. and israel have been closely coordinating how to defend agains

to u.s.. host: is attacked about truck policies and joe biden policies, let's talk about chinese steel and aluminum. what is the big deal with those two? guest: president biden announced he is considering raising trips on still and aluminum three times he did so in pittsburgh talking to united still were which is probably not it's -- united steelworkers which is probably not a coincidence. on his mind is to reach the number of electoral college votes. he is going to be focused on issues that affect voters in those states and try to address their concerns and needs. one concern that steelworkers have the cost of steel from china is simply cheaper than what they are able to produce themselves. they want protection to be able to develop their industry. host: you agree with biden's call on more tariffs? guest: i think there is a logic to it. host: economically, does it make sense? guest: it would be hard for me to make a solid economic case. in order for u.s. still appears to -- we need to increas

a hawkish u.s.ion campaign could be a test for the stabilization of ties that was brokered last year by xi and president biden. let's bring in our next guest right now. xiaomeng lu is director of geo technology at eurasia group. thanks for joining us. as i mentioned there, antony blinken heading to china with a message about overcapacity, support for russia. but following the passage of the tiktok ban or divest bill, do you think china will have a message for antony blinken? xiaomeng: i would expect this issue to be on antony blinken's meeting agenda with chinese officials. because i think a lot of the decision-makers in beijing are very frustrated about the way the u.s. treated tiktok. and we expect beijing's initial resistance to this ban to be symbolic and muted. but i definitely think there is a chance for them to talk about it over the negotiating table this week in beijing. paul: is this the sort of thing that can be negotiated out, though? particularly in the context of u.s. election season.

the u.s.ood morning, we think that is good decision and so far, we had the total amount of chips act subsidies. recently, we are seeing that some portion is allocated to specific companies like tsmc. so this may accelerate capacity expansion for tsmc or may be in the u.s. region. in that case, u.s. companies that should procure some conductors more easily going forward. so probably we will hear that some more cheap factory capacity expansion in the u.s.. and also, may be if we look at u.s. companies for example qualcomm, these companies, nvidia, they will be able to procure two nanometer chips. and in this case tsmc may be targeting very much advanced technology two nanometers chips. that should be good news for the u.s. chip companies. haidi: in terms of the ability to scale up and the timing, do you think the u.s. can regain competitiveness? what are the risks? >> yes, if we see the timing of the capacity expansion and technology evolution, probably tsmc should be starting the most leading e

last of all a group of us from the u.s. chamber traveled to tokyo where we were very warmly received for the 60th anniversary -- check the 60th annual u.s./japan business conference. wait a full slate of engagements with government officials, business leaders and dignitaries. in his remarks at the start of that conference prime minister kishida make clear maintaining and strengthening the alliance is a top priority. it's the one that u.s. chamber is proud to share. it is a priority because it ties between the united states and japan are based on shared values. freedom and democracy. free enterprise and open markets. and the rule of law. it is a priority because our nations have spent decades building at economic relationship that serves as the cornerstone of peace, stability and prosperity in the end of pacific. as everyone in this room knows bilateral trade totals more than $280 billion in supports and millions of jobs in those countries. it is a priority this is a complex moment. and with so much of geopolitical uncertain

u.s. tech stocks. concerning data out of the u.s. as well. how is the market going to balance out of this? avril: there's a lot to digest. thinking about how the stagflation chatter is coming back to the four in the u.s. and how this yen depreciation will figure into the conversation for boj policymakers? we are waiting with bated breath whether this forces the japanese central bank to come through with hawkish signals. we do have the open in japan now and now the big tech tailwind for stocks. a little bit of upside on the nikkei at the start of trade. we are still seeing dollar yen hovering at 155.6. of course it's about whether we get any indication about curtailing of bond purchases from the japanese central bank. seems like the bond markets are betting we do coming on the japanese 10 year government bonds. let's take a look at what we are seeing in south korea. yesterday we saw those declines on stocks as the meta-earnings and outlook put a dent in what was otherwise a recovery for asi

the u.s. suem court hears oral argument in a case on whether donald umhas presidential immunity against criminal prosecuonn his attempts to overturn the 2020 election results. we will have live coverage of the oral argument thursday, april 25, 10 a.m. eastern on c-span, c-span now our mobile video app, and online at c-span.org. >> the house will be in order. >> this year, c-span celebrates 45 years of covering congress like no other. since 1979, we been your primary source for capitol hill, providing balanced, unfiltered coverage of government. we take it to where the policies are debated and decided with the support of america's cable companies. c-span, 45 years and counting powered by cable. ♪ >> to former senior directors of the national security council debate u.s. policy toward iran and the middle east. they also discuss the funding of militant groups by iran and their role in the attack on israel by hamas. this event was cohosted by the alexander hamilton society and john quincy adams so

and u.s.etting blowback as it could undermine national security. >>> back to the markets now. they are set to face a test this week with the march cpi out on wednesday. that report could be a gut check on inflation following two months of hotter reads. reinflation is reinforcing the wait-and-see approach. let's talk about this with patrick fruzetti and robert shine. great to have you here. patrick, i'll start off with you. this week, after we saw a hotter than expected jobs report, what are you expecting with the markets and even today with the futures lower and now have been moving higher? >> i think the big read is the inflation data coming out on wednesday. we looked at the inflation readings in the payroll last week. the labor participation rate did tick up. i think that's the only thing keeping a june rate cut on the table. otherwise, i do think it will be pushed back and i agree with every time the number of rate cuts goes down, i think that can put pressure on the markets. we'll see wha

the u.s. launch plans to cooperate in space and defense as president biden represents the japanese prime minister to the white house. ♪ welcome to world news america. israel confirms its forces killed three sons of hamas' political leader and diplomatic pressure launches on israel to change strategy in gaza. we will bring your reporting of internal dissent within the biden administration over the president's handling of the war. cease-fire negotiations have been stalled for months. hamas says it is currently unable to identify and track down 40 israeli hostages who could be part of a cease-fire deal, raising fears that more hostages may be dead than publicly are known. it comes as a hamas leader says the deaths of his three sons in an israeli airstrike will not affect hamas' demands in the current cease-fire talks, including a permanent cease-fire, the complete withdrawal of israeli troops, and the return of displaced palestinians. president biden pushed for cease-fire and hostage negotiations

haslinda: that was u.s.ury secretary janet yellen wrapping up her talks in china with a warning against any moves to boost russia's military capacity. stephen engle joins us now for more right now. how receptive was beijing to janet yellen's criticism of excessive industrial capacity? stephen: there were a couple of prickly issues janet yellen brought up. and that quote about russia's letteri capacity and the potential aiding of that from beijing. there are no allegations but just a warning. the treasury department telegraphed both for janet yellen went for this visit to beijing and that was the concern that subsidies from the government in two priority industries essentially new energy vehicles, high-capacity batteries and solar equipment will eventually flood the world with cheaper products as china works off its excess capacity and excess inventories at a time when the chinese domestic economy is sputtering and not soaking up that mistake manned. xi jinping highlighted at the national people's congress pu

the u.s.wn at least 75 of them, almost all in jordanian airspace. israel said the only missiles that entered israeli airspace were ballistic, including one that wounded a seven-year-old girl. israel reported no deaths and only minor damage to an air force base. iran said they were responding to israel's killing senior iranian generals inside iran's damascus consulate, and called the attack tit for tat. >> from our point of view, this operation is over, and there is no intention to continue the operation. but if the zionist regime takes any action against the islamic republic, our next operation will be much larger. nick: by the light of day, israelis returned to normal. but the region is anything but, and israel's leadership says the incident is very much not over. >> we are still on high alert and assessing the situation. over the last few hours, we've approved operational plans for both offensive and defensive action. nick: but the u.s. is counseling restraint. president biden and the leader

i'm sorry, the u.s. navy first and then the army came in and occupied buford the sea islands head after the navy came in and drove the confederate writs out. she knew that it spelled trouble and i think the enslaved people on the can be knew that the union had come and this spelled freedom for. in the book i've been able to try to trace several formerly enslaved who left the company who liberated themselves and went to buford and worked for the u.s. army quartermaster after gun shoot at bay point. so the combahee river raid really begins. the battle of port royal. okay. and the battle of port royal inaugurates the port royal. there are. 8000 formerly enslaved people who are freed and these formerly enslaved people are in, in all respects, abandoned right there without, uh, their whites, shall we say something that we're thinking about the civil war period would have been in, according to the planters. but according to the union as well. so this inaugurates the port royal experiment, which was the largest

this as the u.s.overnment moves ahead with the plan to shut down the platform if it's not divested. for more, peter ahlstrom joins us. bytedance looks ready to play the long game here in terms of the legal battle. how does this play out, and is waiting around and stalling for time maybe more favorable administration after november? >> that's exactly right, things are moving pretty quickly in washington p the house has gone ahead with legislation to give bytedance this ultimatum to either sell operations in the united states or it would be banned or the senate is expected to pick up that legislation this week and joe biden said he would sign it into law. that will give bytedance this ultimatum that either they need to sell the operation to another buyer, a non-chinese buyer, or face a shut down in the united states. four years ago there was a similar ultimatum and negotiated a preliminary deal to sell u.s. operations, a complicated deal involving microsoft and oracle. this case is the opposite. they ar

the u.s.. the package was passed by the house, so it goes on to president biden. we will show floor debate before final passage. mr. president, i rise to urge my colleagues to pass this important legislation, and i want to thank senator -- leader schumer for his tremendous leadership on this entire package. it is amazing his dedication and support to getting this done really, really held steadfast. owl caucus, as -- our caucus, as the just described, and so many of our colleagues on both sides of the aisle. i also with a with to thank senator murray for her continued leadership on appropriations bills. this supplemental will supply ukraine with desperately needed equipment and weapons and training and logistics. for two years the ukrainian people have shown courage and resilience enabling them to resist russian aggression. and as just described by our leader, it would be disastrous for our national security and democracy and human rights if we had not supported them. this bill also continues t

we call in the u.s., chinese consumers buying things in the u.s.ow sustainable is that for lvmh and other luxury players like hermes. how much longer do you expect chinese traveling abroad continuing to power companies like lvmh? >> well, the comparison in terms of the chinese offshore spending is easy, i would say because chinese used to spend -- so we definitely believe the pressure of domestic spending from chinese will remain structurally higher, but still we see a sizeable and broad potential of chinese offshore spendings. if you look at the state of the chinese customers overall, today they still have excess savings, but the ush is that consumer confidence remains super weak. at the same time there's the effect of prices still sliding, stockmarkets still under pressure, the rate of use, which is obviously your key clients of brands remains quite weak. there's no doubt the appetite for luxury brands is still strong with chinese customers, however, the conditions are spotty. >> you see demand fairly strong, but is there now a divergence between

the u.s. in part because of the strategy they deployed in the region, a strategy not based upon in many ways the traditional tools of statecraft. they are not signing treaties and making friends with neighbors. they lack a conventional military capability in many ways, they do not have a navy or air force. they face not only sanctions but also on historical factors, the nature of the regime and the origins in 1979 revolution. instead they employ this strategy of asymmetric power, training and arming groups around the middle east which then attend to wage war on and create problems for states which might otherwise be adversary to them. saudi arabia, a traditional rival of them, has to worry a lot about what is happening in the southern flank in yemen and maybe that means from iran's perspective they have less resources to focus on iran itself so we see ron working with youth groups across the region. hezbollah in lebanon. islamic jihad and hamas in the palestine territory. ruthie relished -- ho

announcer: u.s.assador you and linda thomas-greenfield discussed diplomacy in the pacific islands at an event hosted by the center for strategic and international studies in washington, d.c.. she talked about increasing u.s. engagement to build long-term relationships with pacific island nations. maritime resource sustainability. and how the uterine and congress can support progress in the region. this is 50 minutes. good afternoon to you all. we are delighted to have you here and it is a real privilege to welcome ambassador thomas-greenfield. just a word of introduction, but charlie is going to do that, really. i just wanted to say i am glad to see olivia here. when i was talking with charlie i thought having a program on a monday afternoon that is about the pacific islands, will we get anybody to come? he said, yeah, people are interested, and i'm most impressed that you, ambassador, are so interested. interested, and i'm most impressed that you, ambassador, are so interested. a welcome to every ar

the u.s.nment. the company do to receive $6.6 billion in grants and as much as $5 billion in loans from the u.s. to build factories in arizona. mandeep singh of bloomberg intelligence joins me now with more details. of course this comes a few weeks after we learned the details of what intel is going to receive from the u.s. government. basically almost $12 billion in total going to tsmc. how meaningful is this actually? >> more than the actual subsidies, if tsmc is saying they will build a third factory, all the suppliers will be motivated to set something up. and that is what you need to have a manufacturing facility. yes, they will build factories, but there is an ecosystem of testers, packaging companies, and that is where you need to bring in everybody. it's not going to happen overnight, so the fact that they have announced this plan for actually doing two and three nanometer manufacturing i think is pretty exciting. probably inviting other companies to start thinking about their operatio

and the main message by the u.s. and u.s.lf nations, has been, to both sides, to the iranians and to the israelis, not to let this escalate. so i, i can, i am confident that the u.s. is conveying to israel probably almost in real time that they, they cannot have some sort of ask a literary response to tonight's retaliation. the big question mark is still exactly, what has iran hits tonight? what is the battle damage assessment? we don't know that. we heard a little bit that you just played from the spokesperson for the idf. he acknowledged that at least one israeli military base was hit. so far, the early reports is that there was no major damage and no casualties, but again, it's dark in israel. we're going to get more and more information in the coming hours. but i am confident that the u.s. is using all of their leverage to, to do everything that they can to encourage israel not to respond forcefully. i will say, israel takes, back to the strike in damascus, israel takes a lot of strikes in syria. we just don't hear about

i reaffirm the u.s.hina policy and stress the critical importance of peace and stability across the taiwan strait. raise the cases of american citizens were wrongfully detained those who are subject to exit man's present biden i rest until they're back with their families. where they c belong.d elsa raised concerns about erosion of hong kong's metonymy democratic institution. possible transnational repression, ongoing human rights of abuses and a number of s individual human rights cases. we spoke about press freedom and access. i appreciate the prc granted short-term visas to a number of the foreign journalists who are here's then cover thisfo visit. in my meetings i encourage my counterparts to fulfill the commitment they made to 2021 to provide equal access in the united states will continue to insist onia reciprocity on this issue, just as we don for our businesses. and many other areas. we also discussed a range of regional and globalan crises try to complete a constructive role for anchorage china

asking if the u.s.riorities wrong by failing to pass funding for ukraine in congress. >> every day they delay in the decision of the united states of providing more support ukraine has consequences on the battlefield. that's one of the reasons why the ukrainians are running out of ammunition. it is urgent that the united states make a decision and that congress is able to turn the majority and the u.s. public and also the u.s. congress into a concrete decision. caitriona: our defense correspondent is at the nato meeting. >> ukraine is not running out of courage but it was running out of ammunition. once again he appealed for the u.s. to pass its military aid that got stalled in congress. he's not just worried about the present, but also the longer-term. a long-term plan is set up for ukraine to give it the support it needs. that includes having a package of military aid of 100 billion euros, that's more than $100 billion over the next five years. also nato taking over the u.s. led contact which coordina

the u.s.rps of engineers is aiming to open a limited channel into the port of baltimore by the end of april. it would support one way traffic for shipping barges. it has been more than a week since the francis scott key bridge collapsed after it was struck by a barge. a federal court ruling in california means thousands of migrant children have to be moved out of open-air border camps and into safer indoor facilities, and soon. the ruling came late wednesday and puts new pressure on customs and border protection. the agency says it has greatly increased capacity at processing centers in san diego, but can't keep up with demand. democratic leaders in california announced an agreement to reduce the state's budget deficit by 17.3 billion dollars today. 3.6 billion worth of cuts will come from one time funding to schools, welfare and climate programs. the cuts don't hit at governor gavin newsom's expansion of health coverage for undocumented immigrants. still to come on the newshour -- what you ne

after aristide was overthrown by the u.s., u.s.alled a cheaper priced military force to occupy haiti for 13 years, 2004-2017. and from 2017-2019, they had to wind -- they had a wind down force. 2019 is when they left. here we are four years later back in the same problem. this is not a problem that can be solved with military force. this is a socioeconomic problem. people need to eat, they need schools, hospitals, roads, electricity, internet. they need the basics of life. and this is what cherizier has been fighting for. the essence of any of these revolutions, which we have seen throughout history -- the bolsheviks had the revolution based on land, peace, and bread. the people are demanding change and right now this political class, which basically the oligarchy was using the criminal gains to attack cherizier. they have been fighting for the past four years. now cherizier has taken the board tried to take them into some kind of alliance. we will see how long it lasts. yet the thing -- you have to think about the 1940's? with jap

u.s. inflation print, watching the japanese yen in particular touching 153 in the prior session. a bit of pushback from japanese government officials. but will traders really be paying attention? [laughter] haidi: haidi: and also, does that push back mean we are getting directions from the bank of japan for intervention? maybe they just sit back a couple more sessions and see whether it starts to fade, rather than acting on the immediacy of the moment. but it those comments from the ministry are very firm. we are waiting to see what is next after 153. annabelle: that's right. just recapping some of the lines coming through from japan's top currency official. he is saying authorities will be considering other options for the fx market and they are ready to respond to any event coming through. that has been the big driver, one of the big moves to note. overnight we had the big spike in treasuries. certainly putting dollar strength into the story and putting pressure on a lot of asian currenc

the u.s. and europe. on others, they will align with china and russia. it is a much more fluid, complex and unpredictable situation. i don't think we force all that in the day. i think we thought the unipolar moment was going to last much longer than it did. >> that is when you were looking at it in 1997. 2001. was there anything you did see coming that is playing out now that you weren't about? >> i think we saw certainly as you fast-forward to the obama administration, -- a couple thanks. back in the days of clinton, we thought the best way to contain iran was iraq to iraq and i run workaday computing and containing each other. i think the choice to go to war in iraq basically removed the shell of containment on iran and we have seen the growth of iran 's use of pop -- of proxies, blind and fluent -- malign influence which is still a problem today. i don't think we sold the need to shift china's -- we saw the need to shift china's strategy until the second obama term should the thesis was if

avril: from the u.s. on, the data we got the quarterly pc numbers, higher than expected but growth was soft. that's not something the fed wants to hear. similarly you take a look at data out of japan, tokyo cpi, even accounting for the start of education subsidies, something the boj might not want to hear, but we are still seeing stocks powering ahead today and this is six in large part to what we got on the earnings front, you had microsoft and alphabet. it really showed how ai is fueling growth. stocks are reversing, some of the softness from yesterday. we are seeing chinese tech, really stealing the limelight and hong kong markets headed for their best week since 2022. the yen is hovering flat against the dollar as we wait for what we get from the boj, let's take a look at stock market movers because i think that is what highlights how quickly sentiment can turn for some chip related names and how closely they are still tied to their u.s. peers and big tech names. yesterday, they slid and today recover

of course, u.s. interests in the pacific is not just because of global competition, but that is a factor that the pacific islands are very aware of. i'm curious your thoughts from the u.n. perspective, what you see on the ground in terms of chinese and other efforts to countermand the international rules-based order that benefit the pacific, and how you work with the pacific island and other countries to combat that. amb. thomas-greenfield: it's a huge problem that we have encountered specifically in new york, but i think it's a global problem as well, where the chinese have made a very concerted, forceful effort to kind of rewrite the rules of the road to reflect its own vision of what they see as the future, and including putting in -- inserting in u.n. documents issues that go against the core values that we have and the core values that many of these countries have. but what we have been clear on, and i made that statement as well when i was in the cook islands, is that we are not trying to force

u.s. so the future direction of crude will be closely watched. yields in australia are a little, let's look at how treasuries are trading. not a huge amount of change, but upward yields continuing in the question of the day's regarding the two year. closing in on 175. let's get to our next guest to seize opportunities for japanese markets. they are the asian equities and portfolio manager at evan jean investments in singapore. like japan across the board. do you see this rally moderating? when it comes to japan? >> good morning. fair question given the move we've seen. our view is long-term and we see opportunities across sectors and liquidity profiles. earnings growth will be higher than anticipated. more buybacks, shareholders holdings being bought back. this should last for a while. paul: yet intervention is a rising conversation. presenting risks for japan going forward. >> in the short-term yes, earnings season kicked off with automation names and i'd like to get back to that. in gene

the u.s. helping out. we did see the yen sliding as far as 151.95. so close to that level that's seen as intervention level for now. 1 . 52. still looking like it's going to beat that line in the sand. this is the picture for the kospi. we're seeing outside of 1.2%. watching the likes of s.k. hynix, about to spend $4 billion in its first u.s. plant. paul: let's look at australia. just a little more than an hour into trailed and pretty much every sector in positive territory. the broader index, up .5%. we've seen the gold price top 2300 an ounce for the first time. we've also seen the oil price strengthen. 1 cent of $90 per barrel. reasons for that also unsurprising. rising tension in the middle east and opec surprising nobody when they said they were going to stick with supply cuts so those supply curbs will be in place until the end of june at least. when j. powell started taking q. and a. following his talk earlier. we've got yields pulling back a little bit. the 10-year at 4 hadn't 4412 in

amna: the u.s.d the 4.8 magnitude earthquake hit near whitehouse station, new jersey and may have been felt by some 42 million people in the region. new yorkers temporarily evacuated buildings. >> this crack was not here. amna: others documented some minor effects though there were no immediate reports of major damage. leaders came out and told people not to worry. >> we are masters of disasters. amna: while air and rail travel were temporarily disrupted, most people went back to their daily routines. the last major east coast earthquake came in 2011 and was felt from georgia to canada and damaged the washington monument. the u.s. economy is still churning out jobs and surprising experts. the labor development reported a net gain of 303,000 workers in march, 100,000 more than expected. the unemployment rate dropped to 3.8% thanks to the strong pace of hiring. in iran the commander of the revolutionary guard vowed retribution for israel for an airstrike into damascus, syria that killed seven guard me

s for u.s. dollars at no cost to u.s. taxpayers. republican claims that iran would be able to use its allocation of s.d.r.'s for terrorist financing, but the u.s. has effectively blocked iran from doing that. iran cannot convert s.d.r.'s to dollars because no country, no country would want to be sanctioned for doing so. you don't have to believe what i'm saying. iran's s.d.r.'s remain untouched decades after first receiving them. it has used not one single dollar in this century. rather than offer legislation like ranking member waters' bill that would target the ghost fleet that iran uses to evade u.s. oil sanctions and which passed the committee by a wide bipartisan vote, house republicans are using iran's attack to target a source of funding for developing countries that they have long loathed. what's more, by undermining the ability of the i.m.f. to increase its s.d.r.'s, we're only handing a victory to china. which longs to see i.m.f., the world bank and the other u.s.-led international institutions fail. the second significant

u.s. officials say u.s. warships in the region as well as u.s. forces in iraq and syria assisted in the defensive measures. u.s. defense secretary lloyd austin says the u.s. shot down dozens of iranian drones and missile. president biden spoke with israel's prime minister benjamin netanyahu reaffirming united states commitment to israel. how israel responds is a concern for friends and foes of israel alike. a senior administration official and senior definances official telling nbc news top u.s. officials are concerned about how israel could respond now and how regional and global ripples may come to pass. joining me from jerusalem is nbc chief foreign correspondent richard engle. richard, morning has come afternoon has come now, and what does the damage look like? what is the concern of a response from israel? >> reporter: so, in terms of physical damage, there's really none to speak of. i mean, jerusalem now looking off camera, there's traffic on the streets. no buildings were damaged here. nothing in tel aviv. you broke down the attack of what

meanwhile, the u.s. even named the russians as the aggressor in cyberattacks on the white house, the joint chiefs of staff, the state department. and so the message that putin got was, the u.s. will tolerate this stuff. and a year after he took crimea the german chancellor angela merkel signed the nord stream 2 pipeline agreement with him. that is where things were until the weekend before they invaded all of ukraine in 2020. nick: which brings us to today's policies on russia, and let's start there in ukraine. what is the pit in germany, and what is project maven? david: it is a place, an intelligence sharing operation between the u.s., the british, and the ukrainians. although they go through this sort of odd dance because president biden, in his effort to keep the u.s. from being a direct participant in the war, has mandated that the united states could not give exact targeting data to the ukrainians print so in the -- to the ukrainians. so, in the pit they say, we think there is interesting activity

the u.s. is quite boomy. that does not seem like an economy that has restrictive monetary policy. >> from a growth perspective we are exceeding expectations but people are still nervous. >> for the next 10 or 15 years is inflation at 2.5% or 3%? >> the u.s. is performing in an exceptional way. is that sustainable or temporary? >> this is "bloomberg surveillance" with jonathan ferro, lisa abramowicz, and annmarie hordern. jonathan: live from the nation's capital for our audience worldwide, good morning, good morning. the latest overnight. israel said it would respond. reportedly it has responded. long-range missiles targeting an iranian air force facility. crude negative across the board. wti and brent softer on the session. most instructive is what they did not hit and iran's response. lisa: this was signaling. they did not hit any of the nuclear sites. they did target specific -- they did target specific areas by drone. the idea of being this is messaging, we could do more if we wanted to. jo

the u.s. cpi report. paring back expectations a fed rate cuts in 2024. cpi has come in hotter than anticipated for three straight months. the fed says it can remain patient. the msci asia pacific index up .3%. treasuries dropped overnight, 10-year yield easing from the highest levels this year. china down, hsi and outperformer today above the 17,000 level. all sectors in the green. we are keeping watch on the kiwi , as the rbnz pushback on expectations for rate cuts despite lingering concerns about growth. markets pricing in nearly three rate cuts for the year. we're keeping an eye and the nikkei as well, under pressure. the governor avoiding sounding dovish on monetary policy. in traders on guard for possible currency intervention. investors are waiting the key u.s. inflation reading in the coming hours. >> inflation will be sticky. it will be absolutely sticky. we're going to get stuck at around 2.5%-3%. i think that warrants over the long-term the fed rethinking its inflation target. haslin